PrimeFi
  • PrimeFi Hub
  • Introducing PrimeFi
  • PrimeFi Features
    • Key Features of PrimeFi
    • Rewards distribution and NFT Integration
  • Lend
    • How to Deposit?
    • Collateral
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    • Withdraw
  • Borrow
    • How to Borrow
    • Borrowing Eligibility
    • Health Factor
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    • Liquidations
    • Flash Loans
    • Interest Rate Model
  • Prime Liquidity Provider (pLP)
    • pLP Overview
    • Ways of Building the Position
      • Manual Positions
      • Flik Positions
    • Maximum APR by asset
    • pLP Pools
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    • Bounty for Disqualification
  • Manage PrimeFi
    • Statistics for pLP
    • Vesting Emissions
    • Locked pLP
    • Protocol fees
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  • PRFI
  • PrimeFi Reward System
    • Introduction
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  • Governance
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      • Stargate Borrow
    • Staking
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  • Audits
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  • Testnet Faucets
    • 1.-Hyperliquid Test
    • 2.-Base Sepolia
    • 3.-Arbitrum Sepolia
    • 4.-BNB Chain Testnet
    • In addition
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On this page
  • How it Works
  • Methods for Building it
  • 1.-Wallet
  • 2.-Borrow
  1. Prime Liquidity Provider (pLP)
  2. Ways of Building the Position

Flik Positions

PreviousManual PositionsNextMaximum APR by asset

Last updated 5 months ago

How it Works

Imagine you have tBNB and want to enter the PRFI-tBNB pool. The traditional process for doing so is quite cumbersome.

Initially, you need to provide PRFI and tBNB in the correct ratios, which requires four separate transactions.

Fliking simplifies this process by allowing you to complete it with a single click.

When you use Flik with one of these assets, the system automatically converts it to tBNB behind the scenes. This tBNB is then combined with PRFI to create and lock the LP.

This feature is designed to give you increased flexibility with the protocol, making it easier and more efficient to earn and lock LP.

Methods for Building it

You can select between 2 Flik sources.

1.-Wallet

PrimeFi enables you to Flik using supported assets from your wallet.

2.-Borrow

Alternatively, if you have deposited collateral, you can borrow directly from the protocol.

Be mindful of your Health Factor and the risk of liquidation before borrowing. Fliking will never lower your Health Factor below 1.1.

The lock periods function the same way as in the manual pLP.

wait until mainnet